Michael C. Rechin
2012
In 2012, Michael C. Rechin earned a total compensation of $975.3K as President and Chief Executive Officer at First Merchants, a 52% increase compared to previous year.
Compensation breakdown
| Non-Equity Incentive Plan | $259,819 |
|---|---|
| Option Awards | $51,374 |
| Salary | $372,500 |
| Stock Awards | $179,804 |
| Other | $111,832 |
| Total | $975,329 |
Rechin received $372.5K in salary, accounting for 38% of the total pay in 2012.
Rechin also received $259.8K in non-equity incentive plan, $51.4K in option awards, $179.8K in stock awards and $111.8K in other compensation.
Rankings
In 2012, Michael C. Rechin's compensation ranked 6,219th out of 11,487 executives tracked by ExecPay. In other words, Rechin earned more than 45.9% of executives.
| Classification | Ranking | Percentile |
|---|---|---|
All | 6,219 out of 11,487 | 46th |
Division Finance, Insurance, And Real Estate | 1,231 out of 2,573 | 52nd |
Major group Depository Institutions | 291 out of 1,147 | 75th |
Industry group Commercial Banks | 245 out of 919 | 73rd |
Industry National Commercial Banks | 124 out of 331 | 63rd |
Source: SEC filing on March 25, 2015.
Rechin's colleagues
We found four more compensation records of executives who worked with Michael C. Rechin at First Merchants in 2012.
2012
Mark Hardwick
First Merchants
Chief Financial Officer
2012
Michael Stewart
First Merchants
Executive Vice President and Chief Banking Officer
2012
John Martin
First Merchants
Executive Vice President and Chief Credit Officer
2012
Robert Connors
First Merchants